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The Changing Role of CFOs in a Technology-Driven World

Bramasol

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.

IFRS 94
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The future of sustainability reporting in the finance function

Future CFO

"It is absolutely critical businesses implement an accounting and reporting system for their ESG data that is as auditable, transparent, and reliable as their financial data accounting," Hasenoehrl says, "2024 is the year we have to start treating enterprise carbon data the same way we treat financial data."

Finance 52
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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. Additionally, they can sometimes produce incorrect or misleading information, particularly on topics updated beyond their last training data or when asked to predict or speculate about future events.

Finance 95
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TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. Additionally, they can sometimes produce incorrect or misleading information, particularly on topics updated beyond their last training data or when asked to predict or speculate about future events.

Finance 52